FUNDRAISING NEWS | April 03, 2023
The Kansas Public Employees’ Retirement System has disclosed two alternative investments totaling up to $100 million that were approved at the March 23 board meeting.
$40 million committed to private equity fund, New Mountain Partners VII.
In real estate, $60 million was approved for ARE Partners Real Estate Fund X.
As of February 28, 2023, the $24.8 billion Retirement System has an actual and target allocation to private equity of 11.25% and 9% respectively. The actual and target allocation to real estate is 12.47% and 13% respectively.
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Koncheng Moua is the Director of Data Management and Strategy at Dakota.
